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re: Amazon is a monopoly and needs to be broken up
Posted on 11/30/18 at 8:29 am to Parmen
Posted on 11/30/18 at 8:29 am to Parmen
quote:
At the very least, he USPS should raise rates for Amazon. We are subsidizing that company.
Amazon knows this ain't gonna last forever, which is why they are investing in their own delivery service.
Amazon is starting to crack, they have gotten too big, they don't need to be broken up. Walmart is starting to really compete with them as a "sell-everthing" website and tons of brick and mortar companies have significantly upped their online game to compete with Amazon.
I get we aren't supposed to like Bezos because he's a leftie... but don't act like a damn liberal and let your hatred influence government decisions.
0
Posted on 11/30/18 at 8:30 am to Parmen
quote:
We don’t need the government involved with internet providers.
But we need them involved in Amazon?????????
Come on dude. Try to have at least a little bit of intellectual honesty.
Posted on 11/30/18 at 8:32 am to LSUFanHouston
They came for my job and no one cared.
Now their coming for yours.
Good luck fighting in the pits
Now their coming for yours.
Good luck fighting in the pits
Posted on 11/30/18 at 8:35 am to Captain Rumbeard
quote:
I said back then that one day they'd buy Walmart. I still say that. And they'll buy it in a fire sale.
5 years ago, I would have agreed with you. But WalMart has really turned the corner as of late. Amazon may want to buy Walmart for the distribution network. But nothing is in that deal for WalMart. And WalMart no longer needs Amazon's help with e-commerce.
Posted on 11/30/18 at 8:38 am to theicebox
quote:
They came for my job and no one cared.
The jobs they are "taking" are low level retail jobs.
Get a better job. I'm sorry you are uneducated and lost hours working cashier at K-Mart.
Posted on 11/30/18 at 8:39 am to Parmen
Eliminate or privatize USPS - that I can fully support.
The rest of what you suggest is nonsense. Why should the government be able to dictate who a company hires or where they are allowed to build?
If New Yorkers don't want them there, or if you think they're too big, shop elsewhere.
The rest of what you suggest is nonsense. Why should the government be able to dictate who a company hires or where they are allowed to build?
If New Yorkers don't want them there, or if you think they're too big, shop elsewhere.
Posted on 11/30/18 at 8:50 am to Parmen
such as comrade?
Walmart keeps them in check
market prevails comrade
Walmart keeps them in check
market prevails comrade
Posted on 11/30/18 at 8:52 am to Parmen
Amazon and Google are classic monopolies and both need to be broken up.
Posted on 11/30/18 at 8:55 am to Parmen
Just a few of Parmen's wishes from the last 90 days or so:
quote:
Hypothetical question about the workplace
Can an employer mandate that all employees will be at work at 9am and will stand and recite the Pledge of Allegiance with their hand over their heart?
quote:
GEOTUS Trump should consider doing court packing
It would be amazing. Instead of a 5-4 court, make it a 9-4 court. Judiciary Act of 2018.
quote:
Should we bring back poll taxes?
quote:
Separation of Church and State was a mistake.
quote:
Savage tribesmen murdered an American Christian missionary
Those savages need to pay. I wish we'd deploy the Navy out there.
This post was edited on 11/30/18 at 9:00 am
Posted on 11/30/18 at 9:02 am to MrCarton
quote:
Amazon is not a monopoly, but it is being subsidized by the USG and has unique access to government run agencies, such as USPS, at taxpayer expense.
No, it doesn't. It has volume-based discounts in line with what other firms can get from USPS (and USPS's private competitors). But guess what? When you have the largest volume in the world, your fixed costs per unit tend to be the lowest, and you get great pricing per unit.
quote:
I think it was only recently that Amazon turned a profit from their platform, and I'm certain they performed a bit of frickery on the books to achieve that.
They turned a profit mostly off AWS. It has been understood that Amazon could monetize its eCommerce platform if it really wanted to for at least fifteen years and chose to pump its cash back into business instead. Kindle, Fire, original content production, and on and on and on are all a direct result of Amazon choosing to do things the way they did.
quote:
For an example of what Amazon should be, go check out Overstock.com, which was profitable long ago, and is run by a very intelligent, honorable, libertarian CEO.
It should be whatever it wants to be within the parameters of the law.
quote:
It's clear that the state views Amazon as infrastructure, and will protect and subsidize them as much as possible. That should stop. Of course, it won't stop, it will continue indefinitely. Even monopoly laws won't stop it, just reconfigure it.
That's because Amazon is not a monopoly and never has been.
When you make the argument that a monopoly or oligolopy exists, you first have to define the market. How do you define Amazon's market? Retail? They have less than 5% of the American retail market. eCommerce? Less than half. Cloud services? Less than a third and MS Azure and others are rapidly gaining. Original production content? They are a bit player.
Posted on 11/30/18 at 9:03 am to Parmen
quote:
quote:
yeah healthcare prices may go up with them in it Everything Amazon gets into prices go down
Amazon’s prices are low because they deliberately lose money to undercut their competition. Once their competition goes out of business, then they slightly raise prices till they have a decent profit margin.
That's called predatory pricing, is illegal, and you have zero proof of this.
Posted on 11/30/18 at 9:05 am to Parmen
quote:
Amazon is a monopoly and needs to be broken up
Antitrusts laws need to be updated for electronic commerce. Bezos and Amazon are currently too powerful and they’re growing. They’re opening a second HQ in Queens, where I grew up, and it’s gonna ruin the city economically. They won’t hire New Yorkers. They’ll probably hire cheap labor from abroad.
At the very least, he USPS should raise rates for Amazon. We are subsidizing that company.
Translation: "These companies are critical of Trump and since I'm an insecure bitch I'm going to whine about it"
Posted on 11/30/18 at 9:06 am to LSUFanHouston
quote:
But we need them involved in Amazon?????????
The ISPs haven't been mean to TRUMP!!
Posted on 11/30/18 at 10:05 am to fallguy_1978
quote:
It's would be difficult because they are in so many businesses but don't have a monopoly on any of them.
I don't think your average voter understands this. Amazon doesn't really have a monopoly in anything. They're huge in part because they play in so many businesses, and there are some synergies between them, but not that many.
Google is perhaps a monopoly (or, more accurately, a duopoly with Facebook), but again, how do you define their market? What are the actual economics of their business? They've got some competition in digital advertising (Facebook, Amazon, others). Their search engine isn't their actual product - their online advertising platform that they sell is their actual product.
If and when they get brought to court for anti-trust activity, they'll argue - perhaps even successfully - that their defined market is the advertising industry as a whole (so digital, print, television, etc.) and not just digital advertising. There are various econometric tests (usually pricing tests) that are used to define markets, but Google very well might have a valid argument that their pricing is a reflection of the broader advertising market and not just digital.
People don't like how they monopolize and utilize data, and that's fine, but you and I aren't technically their customer when we use Gmail, the search engine, calendar, whatever else.
Posted on 11/30/18 at 12:10 pm to Parmen
quote:
Amazon is a monopoly and needs to be broken up
Agree, I think all companies should be broken up once they hit 100B
Posted on 11/30/18 at 12:14 pm to AbuTheMonkey
quote:
It's would be difficult because they are in so many businesses but don't have a monopoly on any of them.
quote:
I don't think your average voter understands this. Amazon doesn't really have a monopoly in anything. They're huge in part because they play in so many businesses, and there are some synergies between them, but not that many.
Agreed. It's not like you can classify online shopping as a single industry. Even if you could there are plenty of competitors.
This post was edited on 11/30/18 at 12:21 pm
Posted on 11/30/18 at 12:16 pm to Parmen
quote:
Antitrusts laws need to be updated for electronic commerce
Probably needs to be looked at...
quote:
They’re opening a second HQ in Queens, where I grew up, and it’s gonna ruin the city economically. They won’t hire New Yorkers. They’ll probably hire cheap labor from abroad.
but not these reasons.
Posted on 11/30/18 at 12:18 pm to Parmen
quote:
Amazon is a monopoly
Other shopping trading platforms are out there and some are cheaper and more efficient than Amazon. The problem is Google, Microsoft, & Apple have locked those companies out of internet commerce because of their search engines optimization rules & analytics.
Let's work on breaking up the Search Engine Monopoly first and then your concerns about Amazon will disappear.
Posted on 11/30/18 at 12:19 pm to BigJim
Amazon makes more money selling your info, than the Chinese junk on the site.
Posted on 11/30/18 at 12:20 pm to Kingpenm3
quote:
Agree, I think all companies should be broken up once they hit 100B
So breakup like the largest 100 companies in the US?
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